Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
Hyundai Recalling 58K Palisades in South Korea Due To Automatic Seat Problem
South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal